PA PUC Distributes 2024 Impact Fee – Revenue Dropped $15M YOY

Yesterday, the Pennsylvania Public Utility Commission (PUC) announced the distribution of $164,592,500 in natural gas impact fees collected from producers for the 2024 reporting year. The bad news is that the impact fee raised $15 million less than it did in 2023, the prior year. The good news is that the state Independent Fiscal Office predicts the impact fee for 2025 will soar by $70 million to roughly $235 million (see PA IFO Predicts 2025 Impact Tax Revenue Increasing $70M from 2024). The further good news is that this year’s distribution of $164.6 million brings the cumulative total of impact fees collected and distributed since 2012 to over $2.88 billion.

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